The Panasonic (News - Alert) Cloud Business Phone System for small businesses was recently launched by Panasonic System Networks Company of America. This is Panasonic’s first Cloud-based services solution and also marks the first step into the services industry. Panasonic is known for providing state-of-the-art telephony systems for business owners nationwide.

Panasonic has decided to expand into the services market in order to address the changing market needs by pairing its highly regarded business phones with equally reliable Cloud-based voice services. In a release, Bill Taylor (News - Alert), president, Panasonic System Networks Company of America said: "The Cloud is the new frontier for major technology companies like Panasonic, and we're excited to harness it for the benefit of our customers. Our small business customers tell us they want a simple, feature-rich, customizable business phone system. Panasonic values this feedback and we have hand-picked the leading companies in their fields to help us reliably meet our customers' requests. With support from these industry leaders, we created a top-of-its-class Cloud-based hosted-voice solution to help small businesses maximize their potential."

The fastest growing business segment in the U.S. is the small business industry which accounts for more than $92 billion in spending on telecommunications equipment and services. However, many smaller businesses are still being underserved by service providers who have prioritized the needs of larger enterprises.    

The Panasonic Cloud Business Phone (News - Alert) System has been specifically designed to address the communications needs of owners and operators of the nation's 5.5 million small businesses. The

Panasonic Cloud Business Phone System was created in collaboration with BroadSoft (News - Alert), one of the leading global providers of software that enables the delivery of real time voice and multimedia communications services.

Michael Tessler, president and chief executive officer of BroadSoft, said: "We believe Panasonic's expansion into the hosted unified communications services market exemplifies its dedication to innovation and desire to meet the communication needs of its small business customers. Panasonic has been a trusted brand by small businesses for decades; we share its commitment to serving this market segment, and we believe small business will benefit greatly from this comprehensive device and cloud-based communications services offering." 

The Panasonic Cloud Business Phone System is an affordable, off-the-shelf communications solution that includes easy, web-based set-up and account management. If you would like to find out more information, please visit www.panasonic.com/psna.